Posted Apr 3, 2020, 11:52 PM
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Registered User
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Join Date: Jan 2010
Posts: 6,615
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I am not downplaying anything. I simply think its wrong to compare this situation to an "economic depression" because it isn't int he traditional sense.
And I fully expect it to take a while but its not going to be 10 years, its not going to be 3 years. Once the way through is realized things will begin ticking back on.
Of course lots of people will need to find new jobs over a several months but I still don't think this will result in a multi year economic malaise. Instead it will be sharp and extreme but (relatively) short
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